Rwanda gives banks $46m to connect homes to power

The East African

The Rwandan government has injected Rwf40 billion ($46m) into commercial banks and microfinance institutions to boost their capacity to finance off-grid and small-scale renewable energy solutions.

The funding comes at a time when investments in small off-grid energy solutions looked at as key in scaling-up access to electricity have remained low. This is largely blamed on funding constraints and slow returns on investments.